HSBC’s chief legal officer Stuart Levey has been appointed CEO of the Libra Association
HSBC’s chief legal officer Stuart Levey has been appointed CEO of the Libra Association, a group of private companies that are backing Facebook’s digital currency project. Levey is set to join the association in the summer as its first chief executive.
HSBC Holdings has named Richard Gray, HSBC global general counsel to replace him once he departs this summer. This veteran member of its legal department will replace Levey on an interim basis as chief legal officer. Levey has spent the past eight years as HSBC’s global legal chief, he previously served as First Under Secretary of the Treasury for Terrorism and Financial Intelligence during the presidencies of George Bush and Barack Obama.